The government has been urged to involve more consumers in the development of the pensions dashboard as YouGov research showed more than 90% have not heard about it.
In its online survey of 2,207 adults from 17 to 18 August, 27% wrongly thought the dashboard would provide them with financial advice while 19% mistakenly believed it would allow them to pay into pensions....
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.